"As with past waves of new technology, such as the rise of personal computers and mobile telephony, AI has the potential to shake up the businesses of the tech giants by helping them overhaul existing operations and dream up new enterprises. But it also comes with a sense of menace. “If you’re a tech company and you’re not building AI as a core competence, then you’re setting yourself up for an invention from the outside,” says Jeff Wilke, chief executive of “worldwide consumer” at Amazon, and adjutant to Jeff Bezos.Google leads in the race to dominate artificial intelligence - Battle of the brains
Fuelled by rivalry, high hopes and hype, the AI boom can feel like the first California gold rush. Although Chinese firms such as Baidu and Alibaba are also investing in AI, and deploying it in their home market, the most visible prospectors are Western tech firms. Alphabet is widely perceived to be in the lead. It has been making sizeable profits from AI for years and has many of the best-known researchers. But it is early days and the race is far from over. Over the next several years, large tech firms are going to go head-to-head in three ways. They will continue to compete for talent to help train their corporate “brains”; they will try to apply machine learning to their existing businesses more effectively than rivals; and they will try to create new profit centres with the help of AI."
Monday, December 11, 2017
Google leads in the race to dominate artificial intelligence - Battle of the brains (The Economist)
From an AI market dynamics review